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Past Issue: APRIL 2010
Focus Areas
Managing & Rewarding Performance »
Is Reward Enough for Employee Engagement?
By Simon Gluyas
Apr 1st 2010
For many organisations, Employee Engagement has become the number one metric to measure the impact that employees have on business success. A question that is frequently debated within organisations is the impact that Reward, or how much we pay our employees, has on Employee Engagement. Before we can answer this question, we must first recap what Employee Engagement is and why it has become such a popular discussion point on the agenda of many company CEOs.It is difficult to find a single defi... Read more »
Leadership & Management
The Greatness Challenge
By Robert A. Whitman, David M.R. Covey, Lavleen Raheja, Rajan Kaicker
Apr 1st 2010
In an exclusive interaction with FranklinCovey Global and Indian Management team, People Matters explores how organizations move from good to great and the role of a leader in this transformation.Excerpts from conversation with Robert A. Whitman (Chairman & CEO – Global), David M. R. Covey (Co-Chief Operating Officer – Global), Lavleen Raheja (Chairman & CEO – India & South Asia), Rajan Kaicker (Executive Chairman – India & South Asia), FranklinCoveyBy e... Read more »
Only Yourself to Beat!
By Satnam Singh
Apr 1st 2010
During the pre-downturn period, PFC’s business grew at 15% year on year. Ironically, after the meltdown, the company’s business has begun growing at 30%, scaling a net profit increase of 63% in the fiscal 2009. The net profit increased by 82% for the quarter ended Dec 2009. How is this organization able to maintain such a high level of growth and deliver financial results consistently?The secret of this Management style is based on simple principlesWhile others benchmark performanc... Read more »
Reward with Control and Freedom
By Peter Block
Apr 1st 2010
The linkage between reward and performance is a fairytale as there is no research that has been able to prove that economic rewards lead to better performance in teams and organizations.The theory and practice of driving performance through pay comes from western cultures, primarily from the US, which is founded on the basis of materialism. Here, as goes the old idiom, even the streets are paved with gold. What matters most in the American culture is money and therefore, it is believed that wh... Read more »
Learning Curve
Are we expecting too much from HR in India?
By Ansgar Sickert
Apr 1st 2010
It is no news to managers that the global economy has gone – and in many countries is still going - through a rough patch. The unemployment rate in the US recorded 9.7% in February this year – a notch down from last November’s 10.0% level, the highest in a quarter century. The pressure is more than ever on reducing costs wherever one can. And, staff invariably constitutes a major cost element to most companies irrespective of the kind of industrial sector they are in.This doe... Read more »
The Concept of Time and the Acceptance of Shoddiness
By Rajeshwar Upadhyaya
Apr 1st 2010
“I wasted time; now Time doth waste me” – Richard II“...India is because of that wonderful aspect of Hindu cosmology which first of all gives a time-scale for the Earth and the universe – a time-scale which is consonant with that of modern scientific cosmology”. – Carl Segan, CosmosIn continuation with the theme of our previous article, the second point being driven here is an equally pertinent one. This has to do with Time. Let’s go back to Bra... Read more »
Global Perspective
Emerging Leadership
By Dr. Wayne Brockbank
Apr 1st 2010
The explosive growth rate in emerging markets is obvious to all. The growth rates in Brazil, Russia, India and China over the last decade have been dramatic; equally dramatic are the early rates in other emerging markets such as Turkey, Philippines, Vietnam, Indonesia, Nigeria, Mexico, Pakistan, and Bangladesh. How these disparate emerging markets approach human resources and leadership development depends heavily on their respective growth engines. Countries such as India and Singapore that i... Read more »
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